Exploding U.S. Student Loans

Student loans have more than doubled in the five years between 2006 and 2011. Which means a growth rate of about 15 percent per year. With this growth rate total student loans are set to reach one trillion dollars very soon.

Business Insider

OECD Countries: Average Tuition Fees & Grants Received (Public Institutions)

This graph shows the average higher edution public tuition fees in dollars for the year 2004/2005. You can see United States was the most expensive country to study in that year. Australia and Japan come in second. Its the cheapest to study in Turkey, Sweden, Finland, Czech Republic, Norway and Denmark.

In Turkey, Norway, Sweden, Denmark and the Netherlands (almost) every student receives a grant. In Belgium and Japan the least number of student receive a grant.

Source: CBS

Household Debt In The United States

This graph shows the total household debt in the United States. Orange is motgage loans. HE Revolving is home equity loans. Green is auto loan. Blue is credit card loans and from this quarter student loans are added as well (red). As you can see the american citizen is deleveraging (bringing down its debt), but it takes time. The household debt is about 77% of U.S. GDP.

Student Debt in the United States

The Wall Street Journal published a graph about Student Debt in the United States. It gives the average student debt at graduation (adjusted for inflation).

Source: WSJ